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i2c teams with Visa for onboarding fintechs in MENA Region

Wednesday 30 March 2022 13:03 CET | News

US-based payment service provider i2c has parented with Visa as fintech processor in the MENA region, providing payment and processing services.

This agreement comes at a time of increased fintech growth in the region with an estimated 680 million unbanked persons and 60 million untapped merchants in CEMEA, according to the press release.

Through this arrangement, fintechs in the region will be able to access Visa’s global network as well as i2c’s issuing and processing platform by tapping into the combined companies’ suite of solutions and payments technologies.

Visa sees an opportunity to further develop financial access and drive innovation in emerging markets. It plans to work closely with i2c to augment the speed with which fintechs across the Middle East and North Africa region can create innovative payment solutions, built on the foundation of the Visa network.


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Keywords: i2c, Visa, fintech, digital onboarding, payment processing
Categories: Payments & Commerce
Companies:
Countries: Africa, Middle East
This article is part of category

Payments & Commerce